07:53 AM EDT, 09/11/2025 (MT Newswires) -- K92 Mining ( KNTNF ) reported Thursday the latest results of its exploration program in Papua New Guinea, including the fifth set of drilling results from the maiden surface diamond drill program at the Arakompa project.

Arakompa is located about 4.5 kilometers from K92's Kainantu gold mine and processing plant.

Drilling at Arakompa discovered significant porphyry-style mineralization, recording 690.4 meters at 0.30% copper equivalent, including 395.3 meters at 0.38% copper equivalent.

"We are extremely pleased with the progress achieved through our latest regional exploration results, delivering multiple high-grade intersections at Arakompa, significantly expanding the bulk zone, and on the first deep drill hole discovering a potential porphyry within a 600 m x 600 m copper-in-soils anomaly," chief executive officer and director John Lewins said.

K92 also outlined a 3.5-kilometer-by-3.5-kilometer mineralized system at the Wera prospect. Interpreted mineralized structures and high-grade rock chip samples include 26.30 grams per tonne gold, 25.06 g/t gold and 23.97 g/t gold.

K92's share price rose 3% on Thursday to a near 52-week high of $16.72 on the TSX.